Total Value Locked$14.54m
TVL by Chain
Cardano$14.54m
Key Metrics
Fees 30d$246,810
Fees 30d by chain
Cardano$246,810
Fees 7d$42,110
Cardano$42,110
Fees 24h$3,493
Cardano$3,493
Cumulative Fees$2.09m
Cardano$2.09m
Revenue 30d$87,292
Revenue 30d by chain
Cardano$87,292
Revenue 7d$15,661
Cardano$15,661
Revenue 24h$1,361
Cardano$1,361
Cumulative Revenue$689,128
Cardano$689,128
Holders Revenue 30d$45,965
Holders Revenue 30d by chain
Cardano$45,965
Holders Revenue 7d$6,896
Cardano$6,896
Holders Revenue 24h$586
Cardano$586
Cumulative Holders Revenue$409,430
Cardano$409,430
DEX Volume 30d$17.99m
DEX Volume 30d by chain
Cardano$17.99m
DEX Volume 7d$2.42m
Cardano$2.42m
DEX Volume 24h$196,123
Cardano$196,123
Cumulative DEX Volume$4.586b
Cardano$4.586b
Staked$86,346
Protocol Information
Minswap aims to be the best liquidity provider on the market by integrating the best asset pool models from across the DEX ecosystem into one protocol.
Sub Category: StableSwap, AMM
Audits:
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubFees: All fees paid by users: AMM trading fee + batcher execution fee.View code on GitHubRevenue: Protocol-captured revenue: fee_sharing (to MIN stakers) + batcher fee (to treasury).View code on GitHubHolders Revenue: Fee-sharing portion of the AMM trading fee distributed to MIN stakers.View code on GitHubDEX Volume: Volume of all spot token swaps on the DEXView code on GitHubYields
Pools Tracked44
Average Supply APY15.52%
Competitors
Minswap DEX history
TVL is the default DefiLlama definition, which excludes Staking. Daily values are UTC snapshots from Mar 1, 2022 to Oct 26, 2026.
All-time high TVL: $211.53m on Mar 28, 2022. All-time low TVL: $9.72m on Mar 1, 2022.
Daily TVL, Sep 27, 2026 to Oct 26, 2026
| Date | TVL |
|---|---|
| Sep 27, 2026 | $16.91m |
| Sep 28, 2026 | $16.95m |
| Sep 29, 2026 | $16.59m |
| Sep 30, 2026 | $16.84m |
| Oct 1, 2026 | $15.75m |
| Oct 2, 2026 | $15.49m |
| Oct 3, 2026 | $15.67m |
| Oct 4, 2026 | $15.83m |
| Oct 5, 2026 | $16.36m |
| Oct 6, 2026 | $17.54m |
| Oct 7, 2026 | $18.88m |
| Oct 8, 2026 | $18.01m |
| Oct 9, 2026 | $16.7m |
| Oct 10, 2026 | $17.38m |
| Oct 11, 2026 | $17.61m |
| Oct 12, 2026 | $17.85m |
| Oct 13, 2026 | $16.55m |
| Oct 14, 2026 | $17.03m |
| Oct 15, 2026 | $16.67m |
| Oct 16, 2026 | $16.56m |
| Oct 17, 2026 | $16.31m |
| Oct 18, 2026 | $15.96m |
| Oct 19, 2026 | $15.82m |
| Oct 20, 2026 | $15.63m |
| Oct 21, 2026 | $16.04m |
| Oct 22, 2026 | $15.94m |
| Oct 23, 2026 | $15.01m |
| Oct 24, 2026 | $14.92m |
| Oct 25, 2026 | $14.81m |
| Oct 26, 2026 | $14.59m |
TVL at each month end, Nov 2024 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2024 | $117.04m |
| Dec 31, 2024 | $98.92m |
| Jan 31, 2025 | $103.43m |
| Feb 28, 2025 | $66.93m |
| Mar 31, 2025 | $77.36m |
| Apr 30, 2025 | $93.79m |
| May 31, 2025 | $79.93m |
| Jun 30, 2025 | $68.7m |
| Jul 31, 2025 | $89.92m |
| Aug 31, 2025 | $90.21m |
| Sep 20, 2025 | $53.41m |
| Oct 31, 2025 | $63.95m |
| Nov 30, 2025 | $50.83m |
| Dec 31, 2025 | $47.95m |
| Jan 31, 2026 | $38.21m |
| Feb 28, 2026 | $37.16m |
| Mar 31, 2026 | $35.06m |
| Apr 30, 2026 | $31.45m |
| May 31, 2026 | $30.56m |
| Jun 30, 2026 | $21.41m |
| Jul 31, 2026 | $12.34m |
| Aug 31, 2026 | $13.73m |
| Sep 30, 2026 | $16.84m |
| Oct 26, 2026 (latest) | $14.59m |
TVL at each year end, Dec 31, 2022 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2022 | $22.48m |
| Dec 31, 2023 | $89.94m |
| Dec 31, 2024 | $98.92m |
| Dec 31, 2025 | $47.95m |
Fees, revenue and holders revenue by UTC calendar month, Jan 2026 to Oct 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Jan 2026 | $306,745 | $95,030 | $65,409 |
| Feb 2026 | $199,928 | $65,087 | $41,800 |
| Mar 2026 | $217,735 | $71,771 | $38,975 |
| Apr 2026 | $168,402 | $56,188 | $29,730 |
| May 2026 | $180,839 | $60,239 | $31,841 |
| Jun 2026 | $307,457 | $95,782 | $62,581 |
| Jul 2026 | $243,166 | $77,550 | $51,374 |
| Aug 2026 | $103,120 | $38,050 | $19,639 |
| Sep 2026 | $155,002 | $55,832 | $29,880 |
| Oct 2026 (to date) | $208,020 | $73,599 | $38,201 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/minswap-dex
Frequently asked questions
What is Minswap DEX's TVL?
As of Oct 26, 2026, Minswap DEX has $14.54m in total value locked. TVL has decreased 15.1% over the past 30 days.
What chains does Minswap DEX operate on?
Minswap DEX operates on Cardano. Cardano holds the largest share at 100%.
How much has Minswap DEX generated in fees and revenue?
Over the past 30 days, Minswap DEX generated $246,810 in fees. Of that, $87,292 was protocol revenue. Based on the trailing year, the annualized rate is $2.56m in fees and $842,399 in revenue.
How does Minswap DEX's TVL compare to similar protocols?
Among Dexs protocols tracked by DefiLlama, Minswap DEX ranks #64 by TVL. The category holds $13.781b across 1,922 protocols, and Minswap DEX accounts for 0.1% of that total. Similar protocols include Dano Finance, SundaeSwap V3, SundaeSwap V4, Splash Protocol, WingRiders, VyFinance Dex, SundaeSwap V2, CSWAP DEX, MuesliSwap, and Astarter AMM.
How much trading volume does Minswap DEX process?
Minswap DEX processed $17.99m in DEX volume over the past 30 days.